Euro Banking Association Issues E-invoicing Report

The Euro Banking Association (EBA) has released of its reference guide on electronic invoicing, ‘E-Invoicing 2008 – European Market Description and Analysis’. The report is a joint product of the EBA and Innopay. The report provides a description and analysis of the current invoicing and e- invoicing landscape in the European single market. “After the delivery of the SEPA payment instruments, approaching the subject of electronic invoicing at a pan-European level will be a further step for the financial industry towards achieving a truly integrated and dematerialised European payment environment,” says Hansjörg Nymphius, chairman of the EBA. The release of this report coincides with and accompanies the imminent launch of the European Commission Expert Group, whose aim is the delivery of a European e-invoicing framework by the end of 2009.

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